2 Stock-Split Growth Stocks Down 32% and 81% That Billionaires Are Buying

Despite macroeconomic headwinds that dragged the broader markets down into bear market territory in 2022 (and many individual stocks down even further), some investors still found reasons to be optimistic. While stock splits have no actual impact on the intrinsic value of a business, they can give share prices a boost by making a stock affordable to a wider range of potential investors. Select hedge fund managers got in on this act in the second quarter.